BTC was the worst affected amidst a decline across crypto majors. The broader digital asset market, as measured by the CoinDesk 20 Index , has fallen nearly 3.3%. The declines came after U.S. spot BTC ETFs snapped a five-day streak of inflows, recording $13 million of outflows on Tuesday. There are also concerns of further selling pressure from distributions by defunct crypto exchange Mt. Gox."The Mt Gox release is also slated to happen this week," QCP Capital said.
Solana-based Jeo Boden , a play on Joe Biden, has dropped 70% in the past week, CoinGecko data shows. BODEN is now down 80% in the last 30 days, and back to levels last seen in early March, when it was just issued. Even Donald Trump-themed tokens have dropped, despite Trump's electoral chances surging post-debate. The political finance sector has contracted by 11% in the last 24 hours, contrary to expectations of a rally following the June 27 debate.
Biden's Odds of Dropping Out Jump to 55% on PolyMarket as Obama Raises 'Concerns' About Presidential Campaignin a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.
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Source: CoinDesk - 🏆 291. / 63 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »